Automakers join the global e-bike market

Published: 27.03.2019 Related countries:  U.S.A. U.S.A.

The value of the global market with electric bikes is expected to reach USD 6.9bn in 2019 and USD 8bn in 2024

The value of the global market with electric bikes is expected to reach USD 6.9bn in 2019 and USD 8bn in 2024, according to the Global Electric Bike Market study. Hospodářské noviny writes that carmakers also want to join the sale of e-bikes. They include ŠKODA AUTO which has introduced the Klement e-bike. Automakers target mainly young people. In 2006, 98,000 electric bikes were sold in Europe. In 2016, it was 1.67m units.

Source: www.cianews.cz

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